All the individuals that want to conduct legal auctions within the state have to obtain a Connecticut Auction License. The licensure process is not that hard. You have to meet the state criteria and submit your request. All trader and repairer permit applications are processed by the Department of Motor Vehicles’ Regulated Business Licensing Unit.
So, what steps do you have to complete? Let’s check together.
First of all, begin by double-checking your municipality’s permit requirements and making sure your location is up to code. Following that, you can start the process of getting your state permit.
CT mandates that your place contains the following features:
Note: If the mechanic is an employee, they must work for at least 35 hours per week at the licensed facility. Moreover, a state business license is also required in most cases.
In addition, new car sellers must have:
The following documents are must-have for each applicant:
If you’re forming a limited liability company, you’ll additionally need:
If you’re a business, you’ll also need:
You’ll also require the following items if you’re starting a new vehicle dealership:
An auto trader liability has a low cost as a percentage of the entire amount.
To get a free bond quote for your permit, fill out our online form. It only takes 5 minutes, and you can lock in your rate for the next 90 days.
You’ll submit an auto trader liability as well to receive a privilege and operate legally. Actually, the necessary form is a K158 Surety Bond.
Generally, you may contact 860-263-5056 to schedule an appointment to submit the completed application to the DMV. However, you can also just mail your application packet.
All of these payments are payable once you have filed your application and are valid for two years. Here is the fees list:
Once you granted the application and paid all needed payments, the DMV will schedule an inspection at your proposed location. In fact, it is to ensure that you’ve met all of the aforementioned standards.
Generally, the inspection is good for two years.